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Settlement reached in NVIDIA Graphics Processing Units Class Action

LONDON, ON, July 18, 2013 /CNW/ - A settlement has been reached with
NVIDIA Corporation ("NVIDIA") in a class action lawsuit brought on
behalf of Canadians who purchased a computer for use and not for resale
equipped with a defective NVIDIA graphics card known as either a
Graphics Processing Unit or a Media Communications Chip ("GPUs"). The
proposed settlement is subject to court approval.

Under the terms of the settlement, NVIDIA will pay CAD $1,900,000 for
the benefit of those Canadians who purchased an "Affected Computer"
that experienced a "Qualifying Symptom": (a) distorted or scrambled
video on the computer screen; (b) no video on the screen even when the
computer is on; (c) random characters, lines or garbled images on the
computer screen; (d) intermittent video issues; or (e) failure to
detect wireless adaptor or wireless networks. Not all computers contain
the defective NVIDIA GPU. The exact dates of sale and qualifying
symptoms vary by computer manufacturer.

Qualifying class members will receive cash compensation based on the
severity of the Qualifying Symptoms experienced, the loss of use of the
computer, the age of the Affected Computer, any out-of-pocket repair
expenses, any loss of use, and other relevant factors. Information
about how to submit a claim will be provided once the settlement has
been approved.

Class members who fall within the definition of the class and who want
to participate as a class member in the NVIDIA Graphics Processing
Units Class Action, need not do anything to continue to be included as
a class member. They will be entitled to participate in the Settlement
and will be legally bound by the result of the NVIDIA Graphics
Processing Units Class Action.

Class members who do not want to be part of the NVIDIA Graphics
Processing Units Class Action must exclude themselves by September 16,
2013.

A hearing to approve the settlement agreement will take place in London,
Ontario on September 20, 2013 at 9:30 AM.